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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold.

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The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

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The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

article thumbnail

The Paper Store wins Retail Innovation Award

Retalon

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Today, it is more important than ever for retailers to have a tight grip on the state of their business. Only with the right retail industry performance metrics can they answer questions like: Do they have the right product mix? How effective are their promotional campaigns? Inventory Turnover Ratio 3. Foot Traffic 9.